Teekay (TK) Misses Q1 EPS by 7c

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Teekay Corporation Reports First Quarter 2015 Results

May 14, 2015 1:57 AM EDT

HAMILTON, BERMUDA -- (Marketwired) -- 05/14/15 -- Teekay Corporation (NYSE: TK) -

Highlights

-- First quarter 2015 total consolidated cash flow from vessel operations(1) of $320.9 million, an increase of 21 percent from the same period of the prior year. -- First quarter 2015 adjusted net income attributable to shareholders(2) of $15.7 million, or $0.22 per share, compared to $3.5 million, or $0.05 per share, in the same period of the prior year. -- First quarter 2015 Teekay Parent free cash flow(3) of $31.5 million, or $0.43 per share, compared to $21.1 million, or $0.30 per share, in the same period of the prior... More